You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three suppliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 2 comma 400 baht. India Shine has submitted a bid of 2 comma 400 rupee. Sacramento Glow has submitted a bid of $ 240. You check with your local bank and find that $1 = 10 baht and $1 = 8 rupee. The price per unit for Thailand Polishingequals$ nothing. (Enter your response rounded to the nearest penny.) The price per unit for India Shineequals$ nothing. (Enter your response rounded to the nearest penny.) The price per unit for Sacramento Glowequals$ nothing. (Enter your response rounded to the nearest penny.)

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valetta valetta · Answer 1 · 2019-11-05T07:42:28+01:00

Answer:

Per unit bid by Thailand Polishing in dollars = $1.2

The price per unit for India Shine in dollars = $1.5

The price per unit for Sacramento Glow = $1.2

Explanation:

Number of units of polished disks = 200

Bid by Thailand Polishing = 2,400 baht

Bid by India Shine = 2,400 rupees

Bid by Sacramento Glow = $240

Now,

Per unit bid by Thailand Polishing = [tex]\frac{2400}{200}[/tex] = 12 baht

Since, $1 = 10 baht

or

1 baht = $0.1

Therefore,

Per unit bid by Thailand Polishing in dollars = 12 × 0.1 = $1.2

The price per unit for India Shine = [tex]\frac{2400}{200}[/tex] = 12 rupees

also,

$1 = 8 rupee

or

1 rupee = $0.125

Therefore,

The price per unit for India Shine in dollars = 12 × 0.125 = $1.5

The price per unit for Sacramento Glow = [tex]\frac{240}{200}[/tex] = $1.2